Are you looking for Development Finance to start your next project? We work with Property Investors and Developers to source the funding they need.
This could include ground up, conversions and any other residential or commercial significant development projects.
We will help you compare different lenders and guide you through the application process.
Independent Development Finance Experts
Ring 01204 860113 To Speak With A Development Finance Expert
What Is Property Development Finance?
- Any Amount From £100k to £100 million
- Loan Terms From 3 to 36 Months
- Rates From 4% Per Annum
- Interest Payments Retained or Rolled Up
- Up To 75% of GDV
- Up To 100% With Extra Security or As a Joint Venture
Types of Development Finance
There are a large number of different Property Development Financiers in the UK and a wide range of products to suit different needs.
We can help you access what options are available for your unique circumstances.
Common types of Development Funding include:
Senior Debt Development Finance
Senior Debt Development Finance is the most common type of property development loan. The lender will take a first charge over the land/site being developed as their security for the loan.
Typically you can fund up to 65% of the Gross Development Value (GDV), max 80% of the total project cost. The borrower would usually need to inject some of their own funds towards the purchase of the land/property.
There are lenders who do consider first-time/inexperienced property developers, although more experienced developers may benefit from better rates.
- Residential Developments
- Mixed Use Development
- 100% Commercial
- Student Accommodation
- Leisure Projects
- Care Homes
- Industrial/Office Developments
We can access a large range of first charge development finance lenders, to source the right funding partner for your circumstances.
Stretched Senior Debt
Stretched Senior Debt is just a first charge development facility that provides a larger LTV of funding that a typical facility may allow.
This could be up to 75% GDV on a first charge basis.
Mezzanine Finance is a loan secured using a “Second Charge” against the development behind a Senior Debt Development facility.
This type of second charge development finance loan is used to plug any short-fall in funding from the first charge lender. Therefore a higher percentage of the Gross Development Value can be funded.
Mezzanine finance if more expensive than standard “senior” development finance.
Joint Venture Development (JV) Finance
It may be possible to fund up to 100% of a project by partnering with a JV or Equity partner.
The JV partner would be a part owner of the project, either as a first or second charge holder and would take a share of the profits upon completion.